You are viewing a single comment's thread:
RE: What would you change about Hive?
The use of the Hive Dollar (HBD) is a key indicator of economic activity within the Hive blockchain. Higher stablecoin circulation not only signals confidence in the system's stability but also promotes liquidity and on-chain transactions. Should the Hive community use HBD more actively—whether for payments, savings, or internal marketplaces—this could lead to increased network demand. In the long term, greater HBD usage would thus potentially support the fundamentals of the Hive token and mitigate the current downward trend.
0.00018448 BEE
HBD is a way to capture the hive inflation and I agree that it can be a good way to stabilise the economy.
It's clear that blockchains like Solana, Ethereum, and XRP have benefited massively as soon as the use of stablecoins increased.
Perhaps the rewards system should even be reconsidered. Interest on HBD should no longer be paid out in HBD, but only in Hive. This way, investors could invest in a stablecoin, their investment would be less likely to lose value, and at the same time, Hive would be paid out to vote on content—essentially as a bonus to the interest rewards.
3 credits were added for the Liotes Ranking